Economy & Markets
The important economic and stock market news that advisors need to know.
Report of Retirees Fleeing Market Due to Coronavirus Was Greatly Exaggerated
By Jeff BermanA big chunk of retirees did not dump all stock holdings, despite concerns raised in a WSJ report and on social media.
June 19, 2020
Why Opportunity Zones Are FailingThe Urban Institute outlines the key problems of these investments, and possible solutions, in a recent report.
June 19, 2020
Uncertain Summer Childcare Means Employers Should Check COVID-19 Leave LawBusinesses may face complications when employees request paid leave to care for children who might be home for summer.
June 19, 2020
Bond Investors Beware: Fed Support Won't Erase RisksIf the pandemic accelerates, current optimism about an economic recovery will likely start to fade.
June 18, 2020
How an Advisor Helped a Laid-Off Marketing ExecJane DeLashmutt O'Mara of FBB Capital Partners tells ThinkAdvisor how she helped the client reorganize her finances.
June 17, 2020
Schwab's Sonders: Second-Half Stock Market Outlook Is CloudySecond-quarter earnings and GDP reports could provide some clarity, she says.
June 17, 2020
SBA Issues Revised PPP Loan Forgiveness ApplicationIt also released an EZ application, requiring fewer calculations and less documentation, for eligible borrowers.
June 17, 2020
What to Do When Unemployed Workers Refuse to Come BackSmall-business clients should proceed with caution when contesting: Not all employee situations are created equal.